Morrison, CO Foreclosures
How much do homes sell for in Morrison, CO?
The average home price is currently $832,759.
In Morrison, CO, how many homes are available?
There are currently 1 active home listings available in Morrison.
What’s the average rental cost in Morrison, CO?
The average rental price in Morrison is $2,307.
What is the most expensive home in Morrison?
The most expensive home sold in Morrison had a price of $7,442,500.
What is currently the cheapest priced home in Morrison, CO?
The cheapest home for sale in Morrison is priced at $97,900.
Living in Morrison, CO
Morrison is a charming town located just west of Denver, nestled at the base of the Rocky Mountains. Known for its rich history and stunning natural scenery, it offers a unique blend of outdoor adventure and small-town allure. The famous Red Rocks Amphitheatre, a premier concert venue, and beautiful hiking trails make it an ideal location for nature lovers and music enthusiasts alike.
Current Market Conditions in Morrison, CO
Morrison's real estate market continues to show resilience, with a steady increase in property values over the past year. The unique combination of location, scenic beauty, and cultural landmarks has made homes here highly sought after, with buyers willing to invest in the area. The demand for single-family homes particularly remains high as families are looking to settle in this picturesque town while enjoying the benefits of being near Denver. Additionally, Morrison has attracted a growing number of remote workers seeking a peaceful and inspiring environment to live and work.
As of now, the market is experiencing a slight cooldown after the rapid price increases seen in the previous months, allowing buyers more opportunities to negotiate prices. However, listings remain competitive, and well-kept homes are still likely to go under contract quickly, especially in desirable neighborhoods.
Home Value Estimator For Morrison, CO
There are currently 6,227 real estate properties
in Morrison, CO,
with a median automated valuation model (AVM) price
of $640,470.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Morrison, CO, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Morrison, CO,
is $832,759.00, with the most expensive house
in Morrison, CO, topping out
at $7,442,500.00 and the cheapest home
in Morrison, CO,
clocking in at $97,900.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Morrison, CO!
Rent Prices
In Morrison, CO
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Morrison, CO, is on
a rollercoaster ride. The
average rent price in Morrison, CO,
is $2,307.00. Indeed, when looking to rent in
Morrison, CO, you can expect to pay as little
as $1,530.00 or as much
as $4,210.00,
with the average rent median estimated to
be $2,090.00. The good news is that finding
an affordable and desirable property to rent in Morrison, CO
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
